Why You Need an Ice Box
Does your family have an ICE – In Case of Emergency - box? It’s basically a box filled with all the important details and paperwork your family will need to sort your affairs if the worst happens to you, or you are injured and can no longer make decisions for yourself.
Everyone should have them – whether you’re single, a couple or a family.
What goes in the ICE box?
Your ICE box needs to have all the information about your assets and accounts. And we don’t just mean bank accounts – these days social media matters too with some families having to go to court to get access to their loved ones’ photos and posts.
Your ICE box can contain things like:
All bank account details and passwords
Social media details and passwords
Copy of your Will
Power of Attorney – this dictates who can control your affairs if you are mentally incapacitated
Guardianship – who can make healthcare decisions on your behalf
Advance Healthcare Directive – also known as a Living Will
Asset details and copies of documents – such as property deeds, super
Personal insurance documents
All these documents and details will help your family to make all the important decisions they need to, so remember to keep it updated if anything changes.
Create your ICE box with Betar Lawyers estate planning
Betar Lawyers can help you create or update your own personal ICE box through a comprehensive estate plan, which includes creating a Will, Powers of Attorney, appointing a Guardian and drafting a Living Will/Advance Healthcare Directive.
Talk to Justin Betar for advice on +61 02 9279 1100 or email email@example.com.